January 19, 2025
Solving the UK’s energy debt crisis
‘Energy debt’ is the term given to the situation when customers owe their electricity and gas suppliers money for energy they have already consumed. The recent energy price crisis, alongside a sharp rise in the general cost of living, has led to more energy debt than ever before. However, help could be at hand to consumers attempting to cope with energy arrears, as part of a broader reform of how suppliers charge their customers. In
December 15, 2024
The two-pronged approach to the UK’s nuclear power strategy
Nuclear energy has a wide range of advantages over fossil fuels. While it isn’t carbon-free, it has a much smaller carbon footprint than coal, oil and gas. While it isn’t strictly a renewable, it’s a remarkably efficient way to produce energy. What’s more, it doesn’t depend on the weather for production like wind and solar power. It should be a popular way to transition a country’s energy setup and combat climate change. Unfortunately, the UK
November 25, 2024
Positive movement towards the 2030 clean power target
Net zero by 2030 is a stretch, but absolutely doable, provided the energy industry pulls together. Fortunately, it looks like that’s starting to happen. Last month, we told you about the launch of the National Energy System Operator (NESO). NESO is a new body created to support a nationwide energy strategy, coordinated and integrated across regions, suppliers and other stakeholders, to meet the challenges of climate change, maintain energy security and keep bills as low
October 25, 2024
What is NESO – and why does it matter?
A new National Energy System Operator is here in an unprecedented shake-up of the energy industry. After decades of private companies running the UK’s energy provision, the government has decided that it’s time to take a little more control. On October 1st, the government launched the National Energy System Operator, or NESO. NESO came into formation when the government paid £630 million to National Grid, who previously had responsibility for running the nation’s energy systems
September 20, 2024
How the new government plans to lower energy bills
The incoming Labour government pledged to lower energy bills. But given that energy is a marketplace, what’s the plan? During the recent general election campaign, a key part of the Labour Party’s manifesto was cutting household energy bills. Now they’re in government, they have to deliver on that pledge. But it’s going to be a challenge. There’s no quick fix for high energy prices, which are the product of a marketplace over which the UK